Europe to move from “better regulation” to “smart regulation”

The European Commission has presented its Communication entitled “Smart Regulation in the European Union” in order to ensure that European legislation really benefits European citizens and businesses. This Communication outlines the measures that the Commission intends to put in place in order to ensure better quality and relevance of legislation helping  achieve the ambitious objectives for smart, sustainable and inclusive growth set out by the Europe 2020 Strategy.

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CoR calls for more implication of regions and cities on climate action

The Committee of the Regions (CoR) adopted on 6 October, during the celebration of the Open Days 2010 held in Brussels, a Resolution on the Cancun Climate Summit appealing to regions and local authorities to sign local climate action pacts setting out concrete measures in the fight against climate change.

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EP Committee chairs meet College of Commissioners for the first time to discuss over work programme

The European Parliament's 24 committee chairs met the College of Commissioners for the first time on 7 October, to give their input to the Commission work programme for 2011. This meeting lisbon Treaty's mandate for further cooperation between the two institutions.

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Commission recommends a Financial Activities Tax in the EU rather than Financial Transactions Tax

The European Commission presented on 7 October its Communication on Taxation of the Financial Sector, outlining the measures to be implemented and the contribution the financial sector should make towards public finances and the stability of public resources. Although at a global level Commission considers that a Financial Transactions Tax (FTT) would be appropriate, at EU level it considers that a Financial Activities Tax (FAT) would be a better option to tax financial sector.

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